Vanguard Core Bond ETF (NASDAQ:VCRB) Stock Price Up 0.4% – Still a Buy?

Vanguard Core Bond ETF (NASDAQ:VCRB)’s stock price rose 0.4% during mid-day trading on Friday . The company traded as high as $76.91 and last traded at $76.89. Approximately 156,946 shares changed hands during trading, The stock had previously closed at $76.59.

Vanguard Core Bond ETF Stock Performance

The business has a 50 day moving average of $76.29 and a 200-day moving average of $76.70.

Vanguard Core Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were paid a $0.2946 dividend. This is a positive change from Vanguard Core Bond ETF’s previous dividend of $0.26. The ex-dividend date of this dividend was Monday, June 2nd.

Hedge Funds Weigh In On Vanguard Core Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Physician Wealth Advisors Inc. increased its stake in Vanguard Core Bond ETF by 8.4% in the 1st quarter. Physician Wealth Advisors Inc. now owns 2,483 shares of the company’s stock worth $192,000 after acquiring an additional 193 shares during the last quarter. Cornerstone Advisory LLC lifted its position in Vanguard Core Bond ETF by 3.8% in the 1st quarter. Cornerstone Advisory LLC now owns 5,560 shares of the company’s stock worth $426,000 after buying an additional 203 shares during the last quarter. Keystone Financial Group Inc. lifted its position in Vanguard Core Bond ETF by 20.4% in the 1st quarter. Keystone Financial Group Inc. now owns 1,418 shares of the company’s stock worth $109,000 after buying an additional 240 shares during the last quarter. LRI Investments LLC boosted its stake in Vanguard Core Bond ETF by 14.4% in the first quarter. LRI Investments LLC now owns 2,677 shares of the company’s stock worth $207,000 after buying an additional 336 shares in the last quarter. Finally, IFP Advisors Inc bought a new position in Vanguard Core Bond ETF during the first quarter valued at approximately $26,000.

About Vanguard Core Bond ETF

The Vanguard Core Bond ETF (VCRB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively invests in the broad fixed income space, in seeking to provide total return and a moderate level of income. It primarily holds USD-denominated securities of investment grade rating while maintaining an intermediate dollar-weighted average maturity.